Topic
philanthropy
60 stories related to this topic, newest first.
uctoday.comfinance4 days ago
MacKenzie Scott Gives Active Minds $20 Million, Its Largest Gift Ever
MacKenzie Scott gave $20 million to Active Minds, the largest donation in the organization's history. The unrestricted gift will fund efforts to expand youth mental health programs.
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slate.comfinance5 days ago
Foundation awards $2.6 million for studies on online sports betting effects
A foundation has granted roughly $2.6 million to 12 universities and think tanks to examine how online sports betting affects users' finances, mental health, and family life. The projects will compare outcomes across states that legalized the activity at different times.
cnbc.combusiness6 days ago
Trump Accounts Launch July 4 with $1,000 Federal Grants and Pledges from Billionaires
Business Insider reported that the federal government launched Trump Accounts on July 4, 2026. Children born 2025-2028 receive a $1,000 contribution. Several wealthy donors pledged additional funds limited to specific states and income levels.
deadline.comworld8 days ago
Israel Academy Awards Fourteen Adams Fellowships to Doctoral Researchers
The Israel Academy of Sciences and Humanities awarded fourteen Adams Fellowships during its annual seminar on Tuesday. Recipients will receive up to four years of funding for research in science and engineering fields.
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thejournal.ieworld9 days ago
Irish businessman Martin Naughton dies aged 87
Martin Naughton, founder of Glen Dimplex, died at 87. He built a multinational electrical goods company and gave tens of millions to universities and arts institutions across Ireland.
usatoday.comfinance9 days ago
U.S. Charitable Giving Hits Record $617 Billion in 2025
Total donations rose despite elevated prices for essentials, led by $394 billion from individuals. Bequests increased nearly 17 percent after inflation adjustment while billionaire wealth grew 16 percent.
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usatoday.comfinance9 days ago
U.S. Charitable Giving Hits Record $617 Billion in 2025 as Billionaire Wealth Rises 16 Percent
Total donations rose across individuals, foundations and bequests. MacKenzie Scott accounted for one-third of tracked megagifts while Elon Musk discussed difficulties in effective large-scale giving.
Fortunefinance10 days ago
Winery cofounder creates fund for cancer families' non-medical costs
A California winery cofounder established a fund after her husband's glioblastoma diagnosis to cover travel, lodging, and home modifications that insurance does not pay. The fund operates through a fiscal sponsor and directs payments to caregivers or service providers rather than…
cnbc.comfinance11 days agoSourced
Treasury Accepts Public Stock Donations for Trump Accounts
The Treasury Department and IRS will accept large philanthropic transfers of readily tradable public company stock to fund Trump Accounts. The mechanism opens a direct channel for private capital to reach accounts for more than six million enrolled children ahead of the July 4, 2…
New York Postbusiness12 days agoUpdated
Warren Buffett Delays Summer Gift to Gates Foundation During Epstein Review
Warren Buffett is withholding his annual multibillion-dollar donation to the Gates Foundation for the first time in two decades while awaiting an outside review of the foundation's past contacts with Jeffrey Epstein. The delay affects Berkshire Hathaway shares customarily given e…
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world13 days agoUpdated
Warren Buffett Applies Due-Diligence Review to Gates Foundation Grant
Warren Buffett will not make his usual midyear donation to the Gates Foundation in 2026. The investor is postponing the gift until later in the year.
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winnipegfreepress.comworld15 days ago
MacKenzie Scott Gave $7 Billion in 2025 as U.S. Megagifts Totaled $19.2 Billion
Scott's donations brought her five-year total to $26.2 billion. Overall U.S. charitable giving reached $617.2 billion, a 5.7 percent increase from the prior year.
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marketwatch.comfinance17 days ago
U.S. Charitable Giving Rose 3% to $617 Billion in 2025, Second-Highest on Record
Total donations rose 3 percent to a near-record level, led by bequests and foundation grants. Fortune reported the figures from the Giving USA Foundation annual study.
msnbc.comfinance18 days ago
Kenneth Griffin Donates $26 Million to Theodore Roosevelt Presidential Library, Securing West Wing Naming Rights
The donation will name the west wing of the carbon-neutral library scheduled to open July 4, 2026, in Medora, North Dakota. Griffin, founder of Citadel, has also acquired both surviving privately held first printings of the U.S. Constitution.
Los Angeles Timesfinance18 days ago
Snap CEO and Wife Donate Millions to Erase $550 Million in Medical Debt
Evan Spiegel and Miranda Kerr gave an undisclosed sum to Undue Medical Debt, relieving obligations for 261,000 Californians. The gift targets residents earning at or below 400 percent of the federal poverty level or carrying medical debt exceeding 5 percent of income.
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foxnews.comfinance18 days ago
Snap Co-Founder Donation Erases $550 Million in California Medical Debt
Evan Spiegel and Miranda Kerr donated millions to Undue Medical Debt, triggering relief for 261,000 Californians. The gift follows a model used by other large donors and will begin reaching recipients in mid-July.
winnipegfreepress.comfinance18 days ago
MacKenzie Scott Gave $7 Billion in 2025 but Was Left Off Chronicle of Philanthropy Top-Donor List
Scott's gifts accounted for one-third of all megagifts last year and brought her five-year total to $26.2 billion. Total U.S. philanthropic donations reached $617.2 billion.
finance19 days ago
Bill Gates Tells Congress Epstein Pitched Billionaire Estate Connections
Business Insider reported that Bill Gates described meetings with Jeffrey Epstein as focused on directing billionaire estate funds to the Gates Foundation. The House Oversight Committee released the transcript of the June 10 interview on Tuesday.
Washington Examinerpolitics19 days ago
Gates Testifies He Met Epstein 12 to 14 Times Seeking Global Health Donations
Microsoft founder Bill Gates told Congress he met Jeffrey Epstein between 12 and 14 times from 2011 to 2014 to pursue billions in donations for global health causes. Gates described Epstein as an unusual figure whose wealth sources remained unclear to him.
forbes.comai34 days ago
Stephen Schwarzman to Direct Majority of $45 Billion Fortune to His Own Foundation for AI and Education Causes
The Blackstone cofounder, 79, plans to transfer most of his roughly $45 billion fortune to the Stephen A. Schwarzman Foundation upon his death, aiming to create a top-10 U.S. philanthropy focused on AI and education.
foxbusiness.comsports34 days ago
Mark Cuban Donates to USA Football to Support Women's Flag Football Ahead of 2028 Olympics
Mark Cuban has made a philanthropic investment in USA Football to advance women's flag football and support the U.S. Women's Flag Football National Team ahead of its Olympic debut in Los Angeles in 2028.
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themandarin.com.auscience35 days ago
Queensland Couple Donates $40 Million to Motor Neurone Disease Research
A Queensland couple donated $40 million to motor neurone disease research at a FightMND event. The donation coincided with the first Big Freeze match since the death of former Melbourne coach Neale Daniher.
abcnews.go.comworld36 days ago
Melinda French Gates Pledges Another $215 Million for Women’s Health, Totaling $600 Million Through Pivotal Ventures
The $215 million pledge brings her total women’s health commitments to $600 million. Funds will target reproductive care, midlife health, and mental health services over two to three years.
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abcnews.go.comfinance38 days ago
Melinda French Gates Directs $215 Million Toward Women's Health, Adding Focus on Menopause
The funding marks her first major focus on midlife women's health. Initial partners include the Menopause Society and Wellcome Leap.
The Hillbusiness39 days ago
U.S. Chamber of Commerce Receives Record $100 Million Anonymous Donation
A single anonymous donor gave the 114-year-old organization its largest contribution ever to expand the New Fight for Free Enterprise initiative.
mondoweiss.netfinance49 days ago
Asian Philanthropic Groups Increase Climate Funding as U.S. and Europe Cut Aid
Asian organizations are expanding support for climate projects after the United States and several European countries reduced international climate assistance. Reports show current funding covers only a fraction of estimated regional needs.
insidermonkey.comtechnology50 days ago
Post highlights value created by companies versus charitable donations
A social media post argues that several companies generate more societal benefit than would result from donating the wealth tied up in their stock. The post lists specific technologies and services offered by the companies.
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Semaforworld53 days ago
Bezos Discusses Philanthropy During CNBC Interview
Jeff Bezos stated in a recent interview that his for-profit companies would deliver greater value to society than his charitable giving. The comments prompted discussion among other business figures about how technology billionaires plan to use their wealth.
thehindubusinessline.comtechnology53 days ago
Reddit Users Discuss Billionaire Wealth and World Hunger Solutions
A Reddit post questioned whether billionaires could end world hunger with a single large donation. The discussion examined practical barriers to such efforts and referenced a prior public exchange with the United Nations World Food Program.
New York Postworld54 days ago
Jeff Bezos Criticizes New York City School Spending During CNBC Interview
Amazon founder Jeff Bezos said New York City spends $44,000 per student on schools but little reaches teachers. He compared the system to Amazon operations and defended his tax views.
nypost.comworld54 days ago
Open Society Foundations Pledges $300 Million for U.S. Democracy and Economic Programs
The Open Society Foundations announced a $300 million commitment over five years for initiatives focused on democratic rights and economic security in the United States. The pledge comes amid reported scrutiny of the organization and its leadership from the Trump administration a…
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dnaindia.comworld55 days ago
Forbes Adjusts Billionaire Wealth Rankings to Include Prior Charitable Giving
Forbes recalculated the net worth of the world's richest individuals by adding back donations to charity. The adjusted ranking shows several billionaires moving up significantly when past gifts are counted as retained wealth.
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Substrate placeholder — needs reviewworld57 days ago
Shaare Zedek Medical Center to Build 800-Bed Tower After $200 Million Donation
Shaare Zedek Medical Center received a $200 million donation from the Koum Family Foundation. The funds will support construction of an 800-bed hospitalization tower over six years.
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nypost.comworld58 days ago
Elite Colleges Spend $170 Million to Increase Rural Student Enrollment, Which Remains Low
Byron Trott's initiative has grown to 32 member institutions including Brown, Columbia, Dartmouth, MIT, Stanford and Yale. More than 90,000 rural students applied last year, a 15 percent increase. Amherst College admitted 119 rural applicants this year after joining the network.
app.buzzsumo.comai59 days ago
Mark Stevens Donates $175 Million to Create Joint Medical School by Santa Clara University and Sutter Health
Nvidia director and venture capitalist Mark Stevens and his wife Mary are giving $175 million to create the Mark & Mary Stevens School of Medicine, a joint venture between Sutter Health and Santa Clara University. The gift, announced Friday, is the largest ever received by either…
jta.orgfinance59 days ago
Nonprofit Groups Reported Rising Burnout, Funding Challenges and Increased Demand
A report released this week found that 46 percent of nonprofit CEOs surveyed described their own burnout as a very serious concern, up from 29 percent a year earlier. Nearly three-fourths of leaders reported higher demand for services since January 2025, while about 60 percent sa…
finance60 days ago
Nonprofits Report Rising Demand, Staff Reductions and Budget Pressures After Federal Funding Changes
A Center for Effective Philanthropy survey of 380 nonprofit leaders found nearly three-quarters reported increased demand for services due to program cuts. The report details widespread financial strain, with 39% of organizations reporting budget deficits in fiscal 2025. Philanth…
propublica.orgbusiness60 days ago
Koch Network Says Political Spending Is Under 10% of Efforts as Charles Koch's Lifetime Giving Tops $2 Billion
Chase Koch, 48, of Wichita, Kansas, told TIME the Koch network devotes less than 10% of its efforts to politics and more than 90% to community-based solutions. Charles Koch, 90, has transferred nearly $6 billion in nonvoting shares to nonprofits while his personal giving passed t…
thehindu.comai60 days ago
Nvidia CEO Foundation Buys $108 Million in AI Computing from CoreWeave for Researchers
The foundation associated with Nvidia's CEO has purchased $108 million worth of AI computing resources from CoreWeave. The computing capacity will be donated to researchers. The transaction was reported on May 14, 2026.
marketwatch.comworld61 days ago
Alex Soros' Open Society Foundations Commit $30 Million to Groups Fighting Antisemitism and Anti-Muslim Hate
Open Society Foundations will direct $30 million to organizations combating antisemitism and anti-Muslim hate in the United States and worldwide. The announcement was made by Alex Soros. The investment marks a coordinated effort to address both forms of hate simultaneously.
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foxnews.comworld61 days ago
Washington University in St. Louis Receives $200 Million to Create New School of Public Health
The $200 million gift through the couple's family foundation will establish and name a newly created school of public health. The donation represents one of the largest single commitments to the St. Louis institution. Washington University officials said the pledge will support e…
news.sky.compolitics62 days ago
Bradley Foundation Awards $300,000 Prize to Three Scholars and Former Senator
The Lynde and Harry Bradley Foundation named former Texas Sen. Phil Gramm, University of Florida professor James Hankins and Rabbi Meir Soloveichik as its 2026 Bradley Prize recipients. The three were chosen from 60 nominees. The awards will be presented at a ceremony Thursday ev…
today.comai62 days ago
NC State Commencement Speaker Announces He Will Pay Off Loans for Wilson College of Textiles Class of 2026
Anil Kochhar announced he and his wife would pay off senior-year student loans for the Wilson College of Textiles class of 2026, honoring his late father, an NC State alumnus from 1946. The gesture drew cheers and a standing ovation at the May 8 ceremony. Separately, a University…
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Substrate placeholder — needs reviewworld62 days ago
Gates Foundation Donated $5 Million to International Peace Institute After Epstein Introduction in 2013
A Fortune investigation reveals Jeffrey Epstein connected the International Peace Institute with the Gates Foundation and advised its staff on securing a $5 million donation. Former Epstein assistant Svetlana Pozhidaeva described how he used the arrangement to keep her in his orb…
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nypost.comworld63 days ago
Emails Show Jeffrey Epstein Leveraged International Peace Institute and Gates Foundation Ties
Emails released by the Department of Justice earlier this year detail how Jeffrey Epstein used connections to the International Peace Institute and the Gates Foundation to offer jobs and visa recommendations to women in his orbit. One former assistant described being presented wi…
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Forbesfinance63 days ago
Business Owners Face Transition After Selling Their Companies
Many business owners who sell their companies experience a shift from structured routines to open time that can create both relief and a sense of void. The author, who sold his business, said the exit did not mark an end but required new intentional planning similar to building t…
Forbesfinance63 days ago
Gold House Holds Fifth Annual Gold Gala In Los Angeles
Gold House hosted its fifth annual Gold Gala on May 9, 2026 at the Music Center in Los Angeles. The event honored the 2026 Gold100 List of the 100 most impactful Asian Pacific leaders and presented special awards to several individuals. More than 650 people attended the ceremony…
jta.orgworld64 days ago
Koum Family Foundation Donates $200 Million to Shaare Zedek Medical Center
The Koum Family Foundation has donated $200 million to Shaare Zedek Medical Center in Jerusalem. The gift, the largest single donation ever made to an Israeli hospital, will fund a new 24-story medical tower and result in the facility being renamed Koum Shaare Zedek Medical Cente…
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news.mit.eduai65 days ago
USC Renames Computing School After Receiving $200 Million Gift From Nvidia Director Mark Stevens
Billionaire Nvidia board member and USC alumnus Mark Stevens and his wife Mary are donating $200 million for a universitywide artificial intelligence initiative. The gift, one of the largest in the school's 146-year history, will rename the School of Advanced Computing after the…
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world65 days ago
Jeffrey Epstein Facilitated Gates Foundation Funding and Assistant Placements at International Peace Institute
Svetlana Pozhidaeva, 31 in September 2015 and an assistant to Jeffrey Epstein for about five years, attended a pandemic preparedness conference at the Palais des Nations in Geneva while wearing a dress Epstein bought her in Paris. Epstein introduced the International Peace Instit…
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nypost.comfinance65 days ago
Gates Foundation Gave $5 Million to International Peace Institute After Epstein Introductions, 2013–2020
Svetlana Pozhidaeva, 31 and an Epstein assistant for about five years as of September 2015, attended a pandemic preparedness conference at the Palais des Nations that Epstein told her she would help orchestrate with the International Peace Institute and Gates Foundation.
jta.orgscience66 days ago
WhatsApp Co-Founder Donates $200 Million to Jerusalem Hospital
WhatsApp co-founder Jan Koum has given $200 million to Shaare Zedek Medical Center in Jerusalem. The donation is the largest ever made to an Israeli hospital. Koum previously donated $6 million to the Elad organization.
Techcrunchai67 days ago
USC Receives $200 Million Gift to Create New School of Computing and Artificial Intelligence
The gift, one of the largest in the university's 146-year history, renames its School of Advanced Computing after the couple and funds a universitywide push into artificial intelligence. Mark Stevens, a USC alumnus and early Nvidia investor, has a long history of giving to the sc…
The Free Pressbusiness67 days agoUpdated
Ted Turner, Founder of CNN and TBS, Dies at 87
The media mogul who launched the first 24-hour cable news network on June 1, 1980, in Atlanta died Wednesday. President Donald Trump and current CNN leaders paid tribute to his transformative career in broadcasting, sports and philanthropy. Turner built an empire from a small UHF…
tvinsider.comfinance68 days ago
Ted Turner Dies at 87 After Warning of Nuclear, Climate and Population Risks
Ted Turner, the founder of CNN, died at age 87. In a 2013 Fortune interview on his 75th birthday he predicted he had about five years left to live and used the conversation to highlight threats from nuclear weapons, climate change and overpopulation. He outlived his self-imposed…
680news.combusiness69 days ago
Gap Co-Founder Doris Fisher Dies at 94 Surrounded by Family
Doris Fisher, who co-founded The Gap Inc. in 1969 with her husband Don, died on May 2, 2026, at age 94. She served as the company's merchandiser for nearly four decades and helped build it into a global brand generating over $15 billion in annual sales. Fisher is survived by thre…
680news.comworld69 days ago
Gap Co-Founder Doris Fisher Dies at 94 in San Francisco
Doris Fisher, who co-founded The Gap Inc. in 1969 with her husband Don, died on May 2, 2026, at age 94. She served as the company's merchandiser for nearly four decades and helped build it into a global retailer with over $15 billion in annual sales. Her legacy includes philanthr…
Substrate placeholder — needs reviewscience69 days ago
Blackstone CEO Steve Schwarzman Hosts 10th Reunion for Schwarzman Scholars Program in Beijing
Steve Schwarzman, CEO and Chairman of Blackstone, hosted 1,300 alumni at the 10th reunion of the Schwarzman Scholars program at Tsinghua University in late April. The event featured a keynote address and panel discussion amid reflections on U.S.-China relations. The program, insp…
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thewrap.comfinance70 days ago
Senator Warren Comments on Bezos's Met Gala Sponsorship and Taxes
U.S. Senator Elizabeth Warren stated that Jeff Bezos's $10 million sponsorship of the Met Gala indicates he can afford to pay more in taxes. The remark highlights ongoing discussions about taxation of high-wealth individuals. The Met Gala is an annual fundraising event for the Me…
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680news.comworld70 days ago
Gap Co-Founder Doris Fisher Dies at 94 After Building Retail Empire
Doris Fisher, who co-founded The Gap Inc. in 1969 with her husband Don, died on May 2, 2026, at age 94. She served as the company's fashion merchandiser for nearly four decades and helped expand it into a global brand generating over $15 billion in annual sales. Fisher is survive…
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